Pages

Monday, January 27, 2014

Fact of the Day

A third of 22-30 year olds leaving their home-towns end up living in London. Eighty-thousand people in that age group moved to the city between 2009 and 2013, compared with 31,600 who left London – a net inflow to the capital of 48,400.
Its research finds that people begin to move out again when they reach their thirties, but only to surrounding counties such as Essex, Kent and Sussex. “While these people may no longer live in London, they very much remain within commuting distance, and commuting patterns suggest that some are likely to remain part of the capital’s labour market,” the Centre says.


London was responsible for four out of every five jobs created in the private sector between 2010 and 2012, (215,000 private-sector jobs)10 times as many private sector jobs as any other city

It also bucked the national trend by seeing an increase in public sector employment. For every public-sector post created in London, two were lost in other cities.

 Bradford, Sheffield, Bristol, Southampton, Blackpool and Glasgow saw employment shrink in both private and public sectors.  Edinburgh, Birmingham and Manchester saw an increase in both private and public sector jobs between 2010 and 2012, while in Liverpool the loss of public sector jobs was more than compensated for by the creation of private sector employment (12,800 jobs).

It is accurate to say Britain is divided between London and its south-east hinterland and the rest. London does not end at the M25 but extends up the M11 towards Cambridge, down the Thameslink line to Brighton and along the M4 corridor where many high-tech companies are based.

Alexandra Jones, chief executive of the thinktank Centre for Cities said that the gap between London and other UK cities is widening. She added that Britain was one of the world's most centralised countries. In Germany, she said, the government was in Berlin, the financial centre was Frankfurt and there were cultural hubs in Hamburg and Munich. In the UK, London had it all.

No comments:

Post a Comment